BRC Associate Member, CMSPI, have produced two short documents summarising recent changes in fees, including new fees the card networks will be introducing as a result of Brexit.
The BRC have been pushing the Government to take steps to stop these and other excessive fees levied on card payments. Following the card scheme announcement the BRC will be taking the matter further with the PSR and HM Treasury.
The CMSPI papers can be accessed here:
- Brexit Fee Re-Classification: https://insights.cmspi.com/view/682091/
- Scheme and Interchange Fee Impact Assessment: https://insights.cmspi.com/view/694232/